9 promoter group entities seek reclassification to public category

Ownership Changes View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹52.25

prior close

—

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%-0.7% vs market

Stockbroking & Allied peers, median of 39sector+0.8%-1.4% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Microcap 250 and 1.4 pts less than its Stockbroking & Allied peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

—

10m

—

15m

—

30m

—

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+0.0-0.7+0.8-1.4

Next day

-4.3+1.3-5.6+2.9-7.2

-4.3+1.1-5.4+2.1-6.4

-4.3-1.7-2.6+0.0-4.3

+3.3-1.4+4.8+0.6+2.8

-0.5-0.6+0.1+0.7-1.2

-3.5+0.3-3.8+0.7-4.2

15d

-6.2pendingpending-3.7-2.5

—————

UpDownMarket · Nifty Microcap 250Sector · Stockbroking & Allied peers, median of 39Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Rikhav Securities received requests from 9 promoter group entities to be reclassified as public shareholders under SEBI LODR Regulation 31A. The entities are Makshi Infotech, Parth Investment, Punya Associates, Aadarsh Trading, CU Lakhani, MN Shah, DN Shah, SM Shah, and CJ Maniyar. All 9 currently hold NIL equity shares. The board will consider the request at its next meeting, after which an application will be made to BSE for no-objection.

Likely market impact

Procedural reclassification only. All entities hold zero shares, so no real change in promoter holding. Needs board and BSE approval.